Zerto Raises $26 Million in Series D Financing

Zerto is following the outline of its new “Cloud Fabric” strategy with a new round of funding, another investment into its disaster recovery, migration and workload mobility solutions.

The Boston-based disaster recovery company this week announced that it has raised $26 million in new financing from several investors, bringing the company’s total raised to more than $60 million.

New investor Harmony Partners led the Series D financing, with participation by all current investors: Battery Ventures, Greylock IL, RTP Ventures and U.S. Venture Partners.

The company said it will use the funding to expand its global footprint, maintain long-term independence and focus major research and development efforts around the company’s Cloud Fabric strategy.

The strategy aims to assist organizations with seamlessly moving and protecing virtualized workloads between public, private and hybrid clouds across hypervisors and cloud providers.

Zerto co-founder and CEO Ziv Kedem said in a statement that the market is moving to software-defined everything.

“With our platform, companies can port their data to any cloud, on any hypervisor,” he said. “Our Cloud Fabric; vision is a huge leap forward for IT, and shows we’re continuing to innovate and stay ahead of the market.”

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